| The 50% of the range at 1.27669 will be a key barometer in the new trading day and through the US jobs report |
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USDJPY Technical Analysis – Eyes on the US NFP report
2024-12-06
#usdjpy #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the USDJPY pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:32 Technical Analysis with Optimal Entries.
3:00 Upcoming Catalysts
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#trading #daytrading #fundamentalanalysis
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Dogecoin Price Prediction: Is $1 Achievable? Key Buy Zones Explained
In this video, Itai Levitan from ForexLive.com dives deep into Dogecoin’s (DOGE) price prediction and its potential to hit the $1 milestone. With strong backing from Elon Musk, adoption growth, and a vibrant community, Dogecoin has become a major altcoin to watch. But is the current price overextended after its recent staggering rally? More importantly, where should you consider buying Dogecoin?
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Forex markets react to mixed US data. What next technically for the EURUSD, USDJPY, GBPUSD
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What levels are in play? What are the technical bias’ for the 3 major pairs. Stocks lower. Yields down and up and down.
AUDUSD falls below swing area ow/61.8% retracement at 0.6744. That is key ST resistance.
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The sellers in the AUDUSD are making a play as it looks toward the 100 day MA target on the downside at 0.6688.
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AUDUSD moving into a cluster of technical levels. Can the momentum continue?
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A cluster of technical levels between 0.65733 to 0.6600 is home to 50%, 100 bar MA on the 4-hour chart and the 100/200 day MAs.
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The consolidation area that can find the pair from April to July was reentered late yesterday with more momentum lower in trading today. However, support is being tested against a retracement and moving average level.
Stocks are sharply lower. What are the key levels in the Nasdaq and S&P and WHY.
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